Kerry Lutz's--Financial Survival Network

We sat down with Shawn Khunkhun, CEO of Dolly Varden Silver, (🇺🇸DOLLF -- 🇨🇦DV new sponsor) and dove into its unique strategy and recent successes. DV has been hitting high-grade gold and silver, most recently 79.4 g/t gold over 12.35 meters. The results have well exceeded Shawn’s optimistic expectations. The 2024 drilling season is getting off to the earliest start in many years, due to the lack of snow fall in British Columbia. The company will have 3 drills turning and plans for an updated resource estimate at in the future.

It has an attractive capital structure, with a public float of just 8 percent. Interest expressed by major miners and large financial institutions has been increasing together with the price of gold and silver. The company recently raised C$15 million and has enough cash on-hand to meet its obligations for the next two years.

While “Silver” is part of DV’s moniker, Shawn discussed the company’s substantial gold resources, which now equal its silver resources. He believes that Eric Sprott’s $300 silver is a real possibility. With the company selling at just $1 per ounce in the ground, a substantial discount to historic levels of similar companies, that price could increase substantially, which is why we own shares. 

Company Website: https://DollyVardenSilver.com

Kerry Lutz and Ted Thatcher discussed various topics related to the economy and financial markets. They analyzed the latest jobs report and its potential impact on inflation, unemployment, and the stock market, as well as its significance for the upcoming election, the banking sector, and the Fed's future actions. They also discussed the reliability of statistics, expressing doubts about the accuracy of the current job numbers and reflecting on the history of revisions in job and inflation figures.